Understanding the new authentication rule for online card payments that helps merchants improve approval rates, decrease fraud, and provide better customer experiences.
As e-commerce and mobile commerce continue to grow, the need for secure yet frictionless payment experiences has never been more critical. PSD2 3DS2 (3D Secure 2.0) represents a significant evolution in online payment authentication, balancing security requirements with customer convenience.
For merchants processing online payments, especially those serving European customers, understanding and implementing PSD2 3DS2 compliance is essential for continuing business operations and providing optimal customer experiences.
PSD2 3DS2 (3D Secure 2.0) is the new authentication rule for online card payments. The 3D Secure 2.0 protocol allows merchants to improve their approval rates and decrease fraud, while providing a better experience for buyers, especially with the latest mobile platforms.
As buyers become more involved and the drive for frictionless payment improvements continues, merchants should take full advantage of 3D Secure 2.0. As e-commerce and m-commerce continue to grow, merchants should work to optimize buyer experiences without compromising security.
Presently an EU Directive, administered by the European Commission, is bringing 3D Secure 2.0 (PSD2) into full effect on 14 September, 2019. Organizations doing business with European buyers after 14 September 2019 must be compliant with PSD2 to continue processing online payments.
This regulatory requirement is not just about compliance. It's an opportunity to modernize your payment infrastructure and improve the overall customer experience while maintaining the highest security standards.
EarnBill provides expert support for organizations upgrading their payment gateways to implement PSD2 compliance. Our team has extensive experience working with leading payment processors including Stripe, Braintree, Paygate, PayPal, and more.
Our analyst and technical support teams are available to ensure a smooth transition to 3DS 2.0. We bring rich experience with data migration, systems integration, and customized payment gateway integration that requires minimal coding.
Whether you need to integrate payment gateways with your shopping cart or existing billing systems, we can handle payment processing on your website or software applications efficiently and securely.
For merchants and organizations that process online payments or use recurring subscription-based billing with credit cards or bank accounts, the implementation timeline is critical. Ensure your payment processing infrastructure is ready before the deadline to avoid service disruptions.
Stronger authentication protocols reduce fraud while maintaining compliance with regulatory requirements.
Frictionless authentication on mobile devices improves conversion rates and customer satisfaction.
Rich data sharing between parties leads to more informed decisions and fewer false declines.
Modern payment infrastructure that's ready for future regulatory changes and technology advances.
Don't let compliance requirements disrupt your business. Our team of payment integration experts is ready to help you implement 3D Secure 2.0 smoothly and efficiently.
Contact Our Team →